Just read the Perrin Report (p52 - p54) in the latest issue of Conde Nast Traveler. Diane McDavitt is quote several times and LuxuryLink is cited as the best source for a number of luxury properties, some of which will be making drastic reductions in blackout periods or dropping them all together for this summer.
Good article!Message Edited by omegaet on 04-20-2009 10:05 PM
.....that's the article and here is Diane's quote:
According to LuxuryLink.com president Diane McDavitt, resorts in Hawaii and Arizona are so anxious for business that they've lowered the minimum bids at which auctions start to 35 percent of the regular rate as opposed to the usual 50 percent.
Online auctions and (name-your-own-price sites)
Auctions are "a way for a hotel to fill rooms without putting a very discounted rate on its Web site," says McDavitt, which may be why LuxuryLink.com has seen a 23 percent increase year to year in the number of properties that are offering packageseither for auction or at a fixed priceon the site. Hotels have been reducing blackout dates, she says, adding that they probably won't have blackout dates this summer.
Hi O. Thanks for bringing this to our attention. I missed it also! Wish these price reductions were happening in the Caribbean and South/Central America. As I keep saying, I can't believe the high prices in Central America PLUS all of the accommodations. I can't imagine that they are filling the rooms! I see so many new hotels, chains, time shares in some regions. Wonder about those statistics?